Bridging finance is a specialist short term loan that can be used for a variety of purposes. This loan is also known as Bridging Loan.
These loans are attractive because they are processed quickly, the lending criteria are not as strict as high street lenders and they can be obtained against properties that are of non-standard construction or in poor state of repair.
In addition, bridging loans are often the cheapest option when a loan is required for the short term.
Bridging finance is a great way to solve short term problems rapidly. Most people use bridging finance for the following: